At the fraud trial of former FTX head Sam Bankman-Fried, prosecutors presented the jury with Python code for the FTX backend that allowed flagged client accounts to spend money they didn’t have on the cryptocurrency exchange. Multiple accounts associated with Alameda Research, the hedge fund controlled by Bankman-Fried that allegedly used billions of dollars of customer deposits in FTX as a slush fund, were flagged thus, according to reported accounts of the testimony of FTX co-founder Gary Wang.

Source: The Register